US court keeps Trump's 10% global tariff in effect

Trump displays table of tariffs that should be charged by the US
REUTERS
A United States appeals court extended, on Thursday (11), the suspension of a decision that had declared illegal the 10% global tariff imposed by President Donald Trump, allowing the government to continue applying the charge while the appeal is analyzed.
Trump imposed the temporary 10% customs tariff in February, shortly after the Supreme Court annulled most of it of its general tariffs.
The Court's decision represented a setback for the president, who had transformed these tariffs into a symbol of the economic policy of his second term.
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In May, the United States Court of International Trade prohibited the application of tariffs to a specific group of plaintiffs, which led the Trump administration to appeal the decision.
Since then, the United States Court of Appeals for the Federal Circuit granted a temporary stay of the Commerce Court's order, a measure that was extended this Thursday.
In announcing the decision, the appeals court stated that "the federal government demonstrated that sufficient form that it is likely to succeed on the merits of the matter", among other grounds.
The 10% tariff, applied under Section 122 of the Trade Act of 1974, is scheduled to expire at the end of July, unless Congress decides to extend it.
The Trump administration has already begun efforts to implement, by that date, new tariffs of a more lasting nature.

Source: G1